Virginia Voice Inc

Analysis

Virginia Voice Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in October 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Virginia Voice Inc reported income of $901k and spending of $481k, leaving 47% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $349k to $901k (+158%), an average of +27% a year. The sharpest change came in the year to June 2023, when income rose by 164%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Virginia Voice Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include Chasin a Dream Foundation Inc ($901k), Palatine Township Senior Citizens Council ($901k) and Riding to the Top ($901k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $105k (22% of expenses). Other salaries and wages came to $210k. At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m. It reported 10 employees.